Select:
 
Free Option Simulator

AXISBANK Open Interest Chart

AXISBANK Option Chain  

OI OI chg CE LTP Trnd ohl Strike ohl Trnd PE LTP OI chg OI
0K 0K(0%) - (-%) 1070 3.60 (1.60%) 118K(47.12%) 367K
0K 0K(0%) - (-%) 1080 4.45 (1.95%) 64K(16.04%) 461K
0K 0K(0%) 90 (-%) 1090 5.65 (2.35%) 126K(141.26%) 216K
209K 93K(79.14%) 86 (-24.10%) 1100 7.10 (2.90%) 316K(52.98%) 913K
4K 3K(500%) 75.50 (-30%) 1110 8.75 (3.50%) 50K(58.82%) 135K
4K 4K(600%) 69.85 (-40.15%) 1120 10.65 (4.15%) 176K(108.91%) 337K
38K 0K(0%) 62 (-1.35%) 1130 12.95 (5.05%) 128K(100.49%) 256K
77K 71K(1130%) 55 (-20.30%) 1140 15.50 (5.90%) 161K(76.11%) 373K
160K 131K(456.52%) 48.15 (-19.80%) 1150 18.60 (6.85%) 253K(55.49%) 708K
222K 196K(745.24%) 41.85 (-18.05%) 1160 22.25 (8.05%) 136K(52.03%) 398K
361K 315K(681.08%) 36 (-17.10%) 1170 26.40 (9.35%) 300K(192%) 456K
1835K 1139K(163.79%) 30.80 (-15.70%) 1180 31 (10.80%) 481K(99.35%) 964K
518K 436K(532.82%) 25.90 (-14.30%) 1190 36.30 (12.15%) 48K(24.92%) 241K
2416K 1436K(146.40%) 21.50 (-13.10%) 1200 41.80 (13.45%) 444K(33.54%) 1769K
738K 365K(97.99%) 17.85 (-11.70%) 1210 48.10 (14.90%) 58K(32.75%) 236K
1796K 521K(40.88%) 14.65 (-10.35%) 1220 54.80 (16.10%) 18K(3.49%) 538K
1434K 629K(78.04%) 11.90 (-8.95%) 1230 62.05 (17.60%) -6K(-1.48%) 417K
1041K 353K(51.18%) 9.60 (-7.70%) 1240 69.35 (18.55%) -16K(-3.64%) 414K
1774K 684K(62.79%) 7.65 (-6.45%) 1250 78.85 (21.15%) 1K(0.39%) 159K
1239K 186K(17.69%) 6.20 (-5.25%) 1260 85.50 (20.50%) -4K(-9.72%) 41K
511K 26K(5.41%) 4.95 (-4.35%) 1270 93 (25.80%) -6K(-25.71%) 16K
Open Interest data is updated by the exchange every 3 minutes in many strikes, and every minute in some strikes. Real-time data on OI is not released by the exchange and no vendor or broker has real-time OI data

Open Interest (OI) strategy is a trading approach that uses open interest data to make informed trading decisions in futures and options markets. Open interest refers to the total number of outstanding derivative contracts (like options or futures) that have not been settled.


Key Open Interest Strategies

  1. Trend Confirmation
  • If price and OI are both increasing, it signals a strong trend continuation (bullish if prices are rising, bearish if prices are falling).
  • If price is rising but OI is falling, it suggests a weakening trend, meaning the rally may not sustain.
  • If price is falling but OI is rising, it indicates strong bearish momentum.
  1. Reversal Indication
  • If price is rising but OI is stagnant or declining, it may indicate an upcoming trend reversal.
  • If price is falling and OI is declining, it suggests short covering, meaning a potential bounce back in price.
  1. Breakout Trading
  • A breakout with high OI and volume suggests strong conviction behind the move.
  • A breakout with low OI may be a false breakout and could reverse.
  1. Support & Resistance Levels
  • High OI at a certain strike price in options can act as strong support or resistance levels.
  • Unwinding of positions (drop in OI) near key levels may indicate a breakout or breakdown.

Practical Use of OI in Options Trading

  • Put-Call Ratio (PCR): High PCR (above 1) suggests excessive put buying, which may signal oversold conditions. Low PCR (below 0.5) suggests excessive call buying, which may indicate an overbought market.
Open Interest Analysis :
LBld=>LONG BUILDUP (More Call/Put Buying)=> Increase in price with increase in OI . It means people are taking positions assuming price will go up.
LUnw=>LONG UNWINDING => Fall in price with fall in OI. This shows Long positions are now getting exhausted and people are starting to book profits , assuming rally is about to over.
SBld=>SHORT BUILDUP (More Call/Put Writing)=> Fall in price with increase in OI. It means people are taking short positions , assuming price will go down.
SCov=>SHORT COVERING => Increase in price with fall in OI. Short positions are getting decreased and people are booking profits and expecting reversal.


If you want to know how to use this website please contact us on Telegram @mystockrishi

Use Nifty Option Chain at Market Timings.

Warning! Data is Not Realtime. Data is 1 min delayed. Realtime Trading is not recommended with this data.